Certificate of chief executive officer
105 Certificate of chief executive officer
A certificate signed by the chief executive officer of a port authority that is a transferor certifying that property, rights or liabilities of the port authority specified in the certificate have been vested in or become liabilities of the transferee in accordance with section 100 or have been allocated under an allocation statement in accordance with section 101 is, unless revoked under subsection (2), conclusive evidence—
that the property, rights or liabilities have been so vested or allocated or become liabilities of the transferee; and
that the property, rights or liabilities vested in or became the property, rights or liabilities of the transferee on the relevant date.
If the Treasurer and the Minister so direct the chief executive officer of a transferor in writing, the chief executive officer must revoke a certificate given under subsection (1) by issuing another certificate or certificates in place of the first certificate.
The chief executive officer of a transferor—
must keep a register of certificates issued under this section; and
must make the register reasonably available for inspection by a transferee or other interested person.
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